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Jan 16, 2013
01/13
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how are you investing in this environment? >> we think it's important not to be taking too little risk, so certainly making sure that you have adequate exposure, especially to things like the emerging markets where the fundamentals of growth are a lot better than they are in the united states is clearly important, but most of all making sure that you're taking in risk in line with what you can afford to take and not taking too much and not too little but really controlling it throughout the year. >> steve. is it possible that the beige report that we get today is sort of ancient history because things are becoming clearer now as far as the fiscal policy of the united states. we still have the debt crisis coming in a couple of months here to be resolved, but, you know, things do seem to be getting better. we've had some companies say that the housing market is for real right now, for example. >> yeah. i guess there's two different ways to think about it, bill. ancient history or crystal ball telling our future. i mean, when i r
how are you investing in this environment? >> we think it's important not to be taking too little risk, so certainly making sure that you have adequate exposure, especially to things like the emerging markets where the fundamentals of growth are a lot better than they are in the united states is clearly important, but most of all making sure that you're taking in risk in line with what you can afford to take and not taking too much and not too little but really controlling it throughout...
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Jan 17, 2013
01/13
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CNBC
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. >> in this regulatory environment, they have got, to rick. >> i agree, but i think it's going to be nasty every first friday of the month for a while longer. >> all right. >> certainly going to be a lot of volatility. >> thanks, guys. see you later, gentlemen. >> michael fax he's bilingual, no knew. >> try having to say bartiromo every day. a big pair of bank earnings. a preview of american, press and intel. >> let's start win tell, folks. 45 cents, looking $13.5 billion in revenue. that's not what is important. intel couldn't trade on last quarter's numbers. it trades on forward revenue guide as. that's where the problem might be, so they are looking for 14.5 billion in the fourth quarter. the question is what's the guidance going to be, and a lot of people are concerned it's going to be below the current quarter numbers so 12.5 to 13.5 billion a lot of people are looking at. at 12.5 billion or below there's a problem for intel. american express, unfortunately, not a lot of sussense. i think it was the 10th last week when they were standing here. pre-announced. didn't tell us but c
. >> in this regulatory environment, they have got, to rick. >> i agree, but i think it's going to be nasty every first friday of the month for a while longer. >> all right. >> certainly going to be a lot of volatility. >> thanks, guys. see you later, gentlemen. >> michael fax he's bilingual, no knew. >> try having to say bartiromo every day. a big pair of bank earnings. a preview of american, press and intel. >> let's start win tell, folks. 45...
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Jan 17, 2013
01/13
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a stock like citi group, we have in a low growth environment. earning $55 billion of excess capital. 45% of the market gap they can payback. the fed will restrict them in terms of the progress or how quickly they can do it but i would argue it's hard to find a large cap stock that can buy back or pay divisives of 40%, 45% of its market cap. >> kevin good to talk to you. that was for spending some time with us on halftime today. >> appreciate it. >> kevin holt. >>> biggest pops and drop. blackrock is getting a nice pop today. >> company report ad great number. 24 cents above plan. they also announce ad dividend increase better than expected and a buy back. inflows are also being seen. good story. this is the one to own. >> what's going on with lenard. >> i missed this home builder trade. screwed that one up. i'm not of the opinion either of these trade you move to the sidelines. >> netflix. >> netflix looks good too. netflix, big rumor out yesterday about big sellers in the stock. also the announcement that coin star is lunching streaming. >> we
a stock like citi group, we have in a low growth environment. earning $55 billion of excess capital. 45% of the market gap they can payback. the fed will restrict them in terms of the progress or how quickly they can do it but i would argue it's hard to find a large cap stock that can buy back or pay divisives of 40%, 45% of its market cap. >> kevin good to talk to you. that was for spending some time with us on halftime today. >> appreciate it. >> kevin holt. >>>...
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Jan 18, 2013
01/13
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LINKTV
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it's really wanting to understand the genetic bases of it and how the environment interacts with the genetic experience to give us the risks. >> the risks of diseases like cancer and heart disease are set to increase as more africans start eating food with high calories. by 2030, the world health organization fears they'll overtake diseases like hiv-aids as the continent's biggest killers. though africa has the greatest genetic diversity of any continent, the population has been around the longest. very little is known about people's genes compared to europeans, americans or asians. yet that knowledge could be vital in combating a future health crisis. the research will also strengthen science in africa. >> it's opening up opportunities for young researchers such as myself, it's a way we get to collaborate other researchers from africa. >> scientists in 18 countries are taking part in the pan-african research program attempting to unravel genetic secrets they believe have been kept far too long. tanya paige, joe ha happen esburg. >> it's been a tradition for centuries but animal acti
it's really wanting to understand the genetic bases of it and how the environment interacts with the genetic experience to give us the risks. >> the risks of diseases like cancer and heart disease are set to increase as more africans start eating food with high calories. by 2030, the world health organization fears they'll overtake diseases like hiv-aids as the continent's biggest killers. though africa has the greatest genetic diversity of any continent, the population has been around...
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Jan 18, 2013
01/13
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a very bullish environment if we do sell off, i want you to buy, not sell. always a bull market somewhere, right here on "mad money." i'm jim cramer. i will see you tomorrow. >>> >>> good evening, i'm larry kudlow. this is "the kudlow report." yes, the stock market still bullish. i think that's great. i'm a bull too right now. but here's my challenge to everyone. instead of just a 2% economy, why can't we do so much better and get to a 4 or 5% growth economy? president obama has still not adopted progrowth policy. here's another thing. i'm not the only one who wants the president and congress to significantly cut spending. i mean, significantly. it would be progrowth and no more tax hikes by the way. spending and the debt are the top issue of concern for voters. look, these heinous mass murders are not about weapons. question -- why isn't anyone tackling the really tough issue that may be the root causes of these atrocities? such as broken families, such as the absence of fathers who set examples for their sons? such as the loss of faith in our schools? such
a very bullish environment if we do sell off, i want you to buy, not sell. always a bull market somewhere, right here on "mad money." i'm jim cramer. i will see you tomorrow. >>> >>> good evening, i'm larry kudlow. this is "the kudlow report." yes, the stock market still bullish. i think that's great. i'm a bull too right now. but here's my challenge to everyone. instead of just a 2% economy, why can't we do so much better and get to a 4 or 5% growth...
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Jan 21, 2013
01/13
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CNBC
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the bank of japan, if you monetize the debt in a low inflationary environment, is this a free lunch? >> right. >> in the uk, it has turned out to be a free lunch. would it in japan? possibly, yes, and, therefore, i wonder if these issues ever will be addressed. >> and what's so interesting, you're seeing these bizarre rates happening in a monetary policy. we feel like we're in a whole new regime where people feel like it doesn't matter at all. wondering if it matters at all how much you spend and borrow in these situations. how does it change, if at all your strategy from here? >> it makes having a long-term strategy really, really tough. and you can see that in the markets right now. what people see by more investment, it gets pushed into treasuries, into eks, and we see markets trading at very elevated levels. relative to fundamentals appears to become the norm. and i would argue that we're now in a world where it's very difficult to recruit any decent returns. as a result, as investors, we're going to have to live with that. >> and a lot of people are just closing up shop and sayi
the bank of japan, if you monetize the debt in a low inflationary environment, is this a free lunch? >> right. >> in the uk, it has turned out to be a free lunch. would it in japan? possibly, yes, and, therefore, i wonder if these issues ever will be addressed. >> and what's so interesting, you're seeing these bizarre rates happening in a monetary policy. we feel like we're in a whole new regime where people feel like it doesn't matter at all. wondering if it matters at all...
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Jan 19, 2013
01/13
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LINKTV
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but for this grandmother, the environment is no longer a priority. >> it is a shame, people worked hard to grow those trees, and now we're cutting them down, but how else can we stay warm? the water is freezing cold. how can we cope or wash or make bread? >> these families have worked hard to stay alive, digging a trench for the children to jump into the ring air and artillery attacks. behind the home, something much more substantial dug into the ground. it took these people 30 days to cut into this rock to build this homemade bunker. it is cold and dark, but it is where they run to when the shelling starts. for families can spend the night here, if they're too scared to come out until the bombardment is over. >> we dug the cave to protect our children from the shelling. we are old. we are not afraid to die. we no longer care about ourselves, but we are worried that the children could be terrify the rest of their lives. >> this person kept a diary since the start of the war. she writes it for herself and the other children, to help them caulker their fears. >> all the stories help me. i
but for this grandmother, the environment is no longer a priority. >> it is a shame, people worked hard to grow those trees, and now we're cutting them down, but how else can we stay warm? the water is freezing cold. how can we cope or wash or make bread? >> these families have worked hard to stay alive, digging a trench for the children to jump into the ring air and artillery attacks. behind the home, something much more substantial dug into the ground. it took these people 30 days...
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buy in which a lot of these situations are often exploited by governments means that it creates an environment of fear and fear is that exploited in a manner which enables them to legitimize further foreign policy kind of endeavors in other countries in the name of the so-called global war on terror so unfortunate that the countries like the power to be split between the kind of the people who realize that more aggressive foreign policy is going to lead to more terrorist atrocities and those who. are who perhaps are responding more to the kind of mainstream media and the government government narrative that believe that every terrorist or every tendril terrorist on the entire planet can be can be neutralized through this so-called war on terror i wonder what next about him is the most noted threatening to unleash as they put it hell on france rhetoric all reality do you think. well as we've seen with the seven seven bombings for instance in london the these bombings the videos made by the bombers before the the atrocities took place . stipulated and specifically the invasions of iraq afghanist
buy in which a lot of these situations are often exploited by governments means that it creates an environment of fear and fear is that exploited in a manner which enables them to legitimize further foreign policy kind of endeavors in other countries in the name of the so-called global war on terror so unfortunate that the countries like the power to be split between the kind of the people who realize that more aggressive foreign policy is going to lead to more terrorist atrocities and those...
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Jan 16, 2013
01/13
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dimon asked the feds for smaller buy back to go forward to play it safe in a regulatory environment. sue, back to you. >> thank you very much. matt, covering goldman sachs and j.p. morgan for wells fargo. matt, first of all, let's go to j.p. morgan. how do you rate the stock and do today's rates change the way you feel about the stock? >> thanks, sue. we have an outperform rating on j.p. morgan today and we've had it for some time. we think today's results actually were, once you read through a number of the one-time items, relatively strong. we see a core return on tangible common equity in mid teens. and we think that the strong mortgage performance of the company as well as the relatively strong performance out of investment bank, good revenue performance, and as your previous reporter mentioned, preconference as well and that leads it a solid performance. relative to the peer group for the next six to 12 months. >> so matt, give mae choice between goldman sachs and j.p. morgan. i know they have fundamental differences between them, but if you have to buy one stock today, would it
dimon asked the feds for smaller buy back to go forward to play it safe in a regulatory environment. sue, back to you. >> thank you very much. matt, covering goldman sachs and j.p. morgan for wells fargo. matt, first of all, let's go to j.p. morgan. how do you rate the stock and do today's rates change the way you feel about the stock? >> thanks, sue. we have an outperform rating on j.p. morgan today and we've had it for some time. we think today's results actually were, once you...
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Jan 18, 2013
01/13
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cost structure, looking at technology, looking at taking out costs and everything because that is the environment when the i.t. budgets are much flatter. so from that point, we were looking quite good so far as we get into the next year. >> and last question, what do you think this company will look like in calm of years time? it's been through so many transformations, changing business over the years. is this going to be a company that is still heavily focused on i.t. services as you divest some of the other parts of the business? what do you think this will actually look like in, say, 2015? >> clearly, you've been clearly focused on i.t. services, we had the demerger announcement last quarter and we are progressing very well. so as we exhibit this for the calendar or near or on that, we should be able to be done in terms of activity. which means if we're limited now, it will contain only the products and services in the geography. services are globally. it will focus more and more in terms of momentum as we identify with the life sciences, energy, natural resources, liquidities all in terms of
cost structure, looking at technology, looking at taking out costs and everything because that is the environment when the i.t. budgets are much flatter. so from that point, we were looking quite good so far as we get into the next year. >> and last question, what do you think this company will look like in calm of years time? it's been through so many transformations, changing business over the years. is this going to be a company that is still heavily focused on i.t. services as you...
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Jan 18, 2013
01/13
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the green crab decimated fisheries and altered the local environment here. >> reporter: in the mississippi river, asian carp wipe out native fish. in the great lakes, zebra mussels are the problem. today, the challenge, contain invasive species before they get out of control. >> this problem is extremely serious and can cause environmental harm, economic harm, and harm even to human health. we're talking about over $100 billion worth of damage to the u.s. economy every year. >> reporter: for now, it's unclear what, if any damage, will occur in the pacific northwest. but tonight the experts don't like what they see. miguel almaguer, nbc news, san francisco. >>> when we come back, a big birthday for the first lady, though not the big one. and she celebrates with a new look. ♪ chances are, you're not made of money, so don't overpay for motorcycle insurance. geico, see how much you could save. >>> american airlines known by that instantly recognizable aa logo for so many years is tonight a little less recognizable because they have changed their look. in a big rollout campaign with accompany
the green crab decimated fisheries and altered the local environment here. >> reporter: in the mississippi river, asian carp wipe out native fish. in the great lakes, zebra mussels are the problem. today, the challenge, contain invasive species before they get out of control. >> this problem is extremely serious and can cause environmental harm, economic harm, and harm even to human health. we're talking about over $100 billion worth of damage to the u.s. economy every year....
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Jan 18, 2013
01/13
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but we had to adjust to the environment we're in right now. that's what we're dealing with. >> where would you say the net flow is now between morgan stanley brokers and merrill brokers right now? who's winning? are you -- you added more? have they -- and are you -- are you in an aggressive mode right now in terms of offering them increased compensation to come to morgan stanley, or -- >> i'm going to give you an answer which may be a little counterintuitive. the person who's winning might be the one who's actually losing on net flow. in other words, there are some very aggressive recruiting packages out there. anybody can go out and spend money -- >> in the past -- >> spend money and buy talent. do you want us just buying talent? >> i don't know. where are you now in terms of totals? >> we're over 16,500. i forget exactly. i think merrill -- you know, honestly, i don't even know. >> ubs is a big player. >> well, ubs is very different. they're a global private bank doesn't have brokers, has private bankers. the domestic business which is the o
but we had to adjust to the environment we're in right now. that's what we're dealing with. >> where would you say the net flow is now between morgan stanley brokers and merrill brokers right now? who's winning? are you -- you added more? have they -- and are you -- are you in an aggressive mode right now in terms of offering them increased compensation to come to morgan stanley, or -- >> i'm going to give you an answer which may be a little counterintuitive. the person who's...
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Jan 17, 2013
01/13
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FBC
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we can do about protecting the environment. adam: and the people who would beat down river from this mine in virginia beach, 500,000 people are worried about their water supply, and there have been accidents, 1979, in new mexico one of the dams to keep back the collection from mina al west ruptured and wehad contamination, but then an unpopulated area of the country. isn't that the danger here? >> we are part of a coalition of groups. business groups. the local chamber of commerce the robbers as the county where this would be -- the industrial and. folks that often cannot agree on what date is, but we see this issue clearly. this is really the wrong place for this type of activity. the look at where cole's hill is, not too far from danville, talking about a site that is in the roanoke river watershed. the river flows to north carolina's outer banks, and it closed the leg gadsden, which is a reservoir democratic goal for the hamptons wrote region. adam: can't that mining take place in a safe manner? >> the question is not about
we can do about protecting the environment. adam: and the people who would beat down river from this mine in virginia beach, 500,000 people are worried about their water supply, and there have been accidents, 1979, in new mexico one of the dams to keep back the collection from mina al west ruptured and wehad contamination, but then an unpopulated area of the country. isn't that the danger here? >> we are part of a coalition of groups. business groups. the local chamber of commerce the...
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Jan 17, 2013
01/13
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you can't afford to watch the failed states allow for this type of dangerous environment to fester. >> that's what happened in afghanistan. it left this opening for -- >> absolutely. always comes back to haunt the larger strategic interests. not just militarily but politically, economically, socially. >> absolutely. thank you very much. great pleasure having you on. thank you. >>> we are still waiting to hear from the notre dame line backer, manti te'o after the football star claimed that he was the victim of a cruel and elaborate joke with a girlfriend that never existed. this story is a straight-up lifetime movie. >> the single most trusting human being i ever met will not be able to trust again in the same way in his life. that's incredible tragedy. >> but the question is, was te'o in on this hoax? the edge of sports dave zirin is following every single detail. he will join us with the latest. we know where te'o is reportedly this hour. >>> here's a look at how the dow is shaping up, up 120 points. we'll be right back. ♪ [ construction sounds ] ♪ [ watch ticking ] [ engine revs
you can't afford to watch the failed states allow for this type of dangerous environment to fester. >> that's what happened in afghanistan. it left this opening for -- >> absolutely. always comes back to haunt the larger strategic interests. not just militarily but politically, economically, socially. >> absolutely. thank you very much. great pleasure having you on. thank you. >>> we are still waiting to hear from the notre dame line backer, manti te'o after the...
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Jan 18, 2013
01/13
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what you have is this mutated society trying to repair itself as you try to navigate a complex environment. you don't speak the language and you have cultural deficits. it is almost impossible to develop the contextual understanding that you need. you have to understand if you're trying to impact a society. >> in other news, the militants said they have executed a french hostage captured in 2009. french armed forces tried to rescue him last saturday but failed. they executed him on wednesday evening and they say he was probably killed during the rescue attempt. the country now has a steady government. the united states recognizes them for the first time in 20 years pillar in -- 20 years. lance armstrong has been stripped of his mettle. the committee acted after the governing body found him guilty of systematic doping and stripped them of seven wins. there is speculation as to whether he will lead men to open or apologize. extremists are gaining ground militarily and they're also winning popular support. it has become increasingly powerful. the free syrian army is living in kidnapping. they
what you have is this mutated society trying to repair itself as you try to navigate a complex environment. you don't speak the language and you have cultural deficits. it is almost impossible to develop the contextual understanding that you need. you have to understand if you're trying to impact a society. >> in other news, the militants said they have executed a french hostage captured in 2009. french armed forces tried to rescue him last saturday but failed. they executed him on...
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still going on that i think put it our national americans in international different international environment in great danger because you know this is a very on and. it is absolutely it's the whole international law and in addition to that you don't want on a mo is still open and things he promised that i think you know how do we we work through this process. we would be in a much better place internationally but i do i just say with one caveat it's not having much much cooperation with the u.s. congress and i think that's hurt him tremendously on anything he's been able to get done although the president does decide international policy from the white house. we're watching some live pictures as we speak in fact of this inauguration taking place in washington certainly a day of celebrations but i think it's fair to say that there's a lot of critics that would say there's not really much to celebrate like you said there are a lot of challenges ahead the killing of osama bin ladin in pakistan was of course a big deal for obama his approval ratings went up some might say it helped him win the el
still going on that i think put it our national americans in international different international environment in great danger because you know this is a very on and. it is absolutely it's the whole international law and in addition to that you don't want on a mo is still open and things he promised that i think you know how do we we work through this process. we would be in a much better place internationally but i do i just say with one caveat it's not having much much cooperation with the...
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Jan 18, 2013
01/13
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WTTG
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i know that was a hostile environment for them. i feel like florida state got a lot of open looks. i thought that miami got zero open looks and north carolina state got even fewer open looks. we are getting there. >>> the european tour. tiger woods in trouble on the fifth hole of the of the abu dhabi. he took a penalty stroke, and missed the cut. that's a wrap on sports. the rules officials disagreed about the embedded ball. i'm sure that's never happened to you. >> i used the old foot wedge. we don't ask for rulings in our game. just kick that out of there. >> the news edge is always on. >> cold friday night. go out and enjoy it. back here tonight at 10:00. hope you will be, too.
i know that was a hostile environment for them. i feel like florida state got a lot of open looks. i thought that miami got zero open looks and north carolina state got even fewer open looks. we are getting there. >>> the european tour. tiger woods in trouble on the fifth hole of the of the abu dhabi. he took a penalty stroke, and missed the cut. that's a wrap on sports. the rules officials disagreed about the embedded ball. i'm sure that's never happened to you. >> i used the...
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Jan 17, 2013
01/13
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CNBC
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can that last in this environment? >> i mean look banks have a long way that they fell and they've had a long pathway back to something circa 2006-2007. they sri lankan as a percentage of market gap in the s&p. they are no longer dominant. that's all for the best. we have a much more diversified market. we should. i wouldn't say that the banks need to lead this matter. they've done very well. >> who is going to lead the market? >> i think you'll have a market without leadership but that doesn't mean a market that doesn't go up. you have multiple sectors of strength. technology. be inning to see how amazon does. you have a global economy growing modestly. >> are you worry about apple? >> as a company? no. am i concerned about apple as a stock at 500, i will be glad if we talked less about apple. it's one company amongst many. anybody in silicon valley has to be worried about the fact that their franchise is of extremely short duration. >> boeing. this boeing story is creeping up, getting worse on a daily basis. would yo
can that last in this environment? >> i mean look banks have a long way that they fell and they've had a long pathway back to something circa 2006-2007. they sri lankan as a percentage of market gap in the s&p. they are no longer dominant. that's all for the best. we have a much more diversified market. we should. i wouldn't say that the banks need to lead this matter. they've done very well. >> who is going to lead the market? >> i think you'll have a market without...
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Jan 18, 2013
01/13
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CURRENT
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talked about much, which outweighs, immigration, gun control, that he has to take the lead on is the environment and catastrophic climate change. if we don't deal with that issue, who knows what the fate of the earth is going to be. who cares whether the rich pay 36% or 39%. that's not going to change the course of the country unless you have comprehensive tax reform that dealt with the fact that we are becoming a nation of inequals. like on the eve of the great depression. >> certainly i would agree with that. i would also disagree with part of it, because it has been shown that enough people do care about that wealth and equality because he did win as a not terribly popular president in a reelection. but one of the other things is the who issue of guns. i don't remember and i don't have the breadth of knowledge that you do but i don't seem to remember a -- an issue like what he is having to do now or has chosen to do now with guns being sort of gifted to him -- or to a president at the beginning of a second term. that gives him a bit of momentum that i don't remember -- momentum going into the
talked about much, which outweighs, immigration, gun control, that he has to take the lead on is the environment and catastrophic climate change. if we don't deal with that issue, who knows what the fate of the earth is going to be. who cares whether the rich pay 36% or 39%. that's not going to change the course of the country unless you have comprehensive tax reform that dealt with the fact that we are becoming a nation of inequals. like on the eve of the great depression. >> certainly i...
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Jan 18, 2013
01/13
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KGO
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." >> controlled environment weather, not exactly. we have no control. >> despite what you hear there is no government controlled weather. yet. right? >> here we go. we are already getting in trouble for other's forecast and now you are doing that. i got an e-mail someone yelling at me about cupertino. 6:18. good morning to you. it is friday. we made it. the embarcardero, downtown san francisco, the trees are not moving. it is still outside. we will look at live doppler 7 hd. high pressure is over us. a lost dry air is detected. a little bit of pollution. that is another spare pair -- "spare the air" day. we could have a couple more on saturday and sunday. 27 in sap that rose and 30 in napa and concord. those are the only stations freezing. mid-to-upper 30's in fremont and redwood city and low-to-mid 40's in oakland and novato of the san francisco is 48. temperature of 31 in gilroy to 45 in salinas, the extremes around monterey bay. more warming. more poor air quality. rough surf today. worst through the weekend. next chance of rain p
." >> controlled environment weather, not exactly. we have no control. >> despite what you hear there is no government controlled weather. yet. right? >> here we go. we are already getting in trouble for other's forecast and now you are doing that. i got an e-mail someone yelling at me about cupertino. 6:18. good morning to you. it is friday. we made it. the embarcardero, downtown san francisco, the trees are not moving. it is still outside. we will look at live doppler 7...
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Jan 17, 2013
01/13
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WBAL
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it allterred the local environment here. >> reporter: in the mississippi river, asi carp wipe out nati native fish. in the great lakes, zebra mussels are the problem. today, the challenge, contain invasive species before they get out of control. >> this problem is extremely serious and can cause environmental harm, economic harm, and harm even to human health. we're talking about over $100 billion worth of damage to the u.s. economy every year. >> reporter: for now, it's unclear what, if any damage, will occur in the pacific northwest. but tonight the experts don't like what they see. miguel almaguer, nbc news, san francisco. >>> when we come back, a big birthday for the first lady, though not the big one. and she celebrates with a new look. ♪ [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever your business challenge, dell has the technology and services to help you solve it. a body at rest tends to stay at rest... whi
it allterred the local environment here. >> reporter: in the mississippi river, asi carp wipe out nati native fish. in the great lakes, zebra mussels are the problem. today, the challenge, contain invasive species before they get out of control. >> this problem is extremely serious and can cause environmental harm, economic harm, and harm even to human health. we're talking about over $100 billion worth of damage to the u.s. economy every year. >> reporter: for now, it's...
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Jan 17, 2013
01/13
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CNBC
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it is a tough environment for luxury as people trade down and start looking for bargains. joining us is susan lyne, chairman of gilt.com. she's also the former president and ceo of martha stewart living. also on set with us this morning our guest host, mellody hobson. susan thank you for joining us this morning. >> thank you. >> i checked out gilt.com and i have to say, these are great brands at great prices. >> it is. >> how do you offer some of the bargains you're offering? >> you know, we've got long relationships now, we're about five years old, with many of the top brands, and they realize this is a great way for them to sell excess inventory and everyone has excess inventory because these are event-based sales. they're quick. and consumers love them. >> i've seen you run out of stock quickly on these things. buy it now or it's gone type of situation. >> yep. >> is it a difficult environment for luxury right now? is that a fair estimation? >> our sector has had a fantastic holiday. we were up over 30% on gilt.com. >> but you're talking about bargain prices, where peop
it is a tough environment for luxury as people trade down and start looking for bargains. joining us is susan lyne, chairman of gilt.com. she's also the former president and ceo of martha stewart living. also on set with us this morning our guest host, mellody hobson. susan thank you for joining us this morning. >> thank you. >> i checked out gilt.com and i have to say, these are great brands at great prices. >> it is. >> how do you offer some of the bargains you're...
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Jan 16, 2013
01/13
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abe noted the strategic environment had changed a lot in the six years since he was last in office. he called china's increased maritime activities a shared concern. he said all nations involved must abide by international law. prime minister says he understands japan's stance and gives his country's backing. vietnam and some of his neighbors have territorial disputes with china over islands in the south china sea. after the meeting, the two leaders held a joint news conference them said they will work together on various challenges facing southeast asia. >> translator: we have agreed the two countries will jointly tackle issues that concern east asia. we'll also cooperate in the fields of political peace and stability. >> prime minister zhun said they agreed that all conflicts and issues shall be resolved through peace and international law. >>> operate however japan's two main airlines have ground their fleets of 787 dream liners. the decision follows the latest incident with boeing's troubled plane. all nippon airway 787 made an emergency landing on wednesday in wrern western jap
abe noted the strategic environment had changed a lot in the six years since he was last in office. he called china's increased maritime activities a shared concern. he said all nations involved must abide by international law. prime minister says he understands japan's stance and gives his country's backing. vietnam and some of his neighbors have territorial disputes with china over islands in the south china sea. after the meeting, the two leaders held a joint news conference them said they...
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Jan 21, 2013
01/13
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KCSMMHZ
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behind the dam, the water doesn't flow and it's a closed environment, so the snakeheads eat most of the other fish. >> reporter: observers say dams built irrigate fields or generate electricity are to blame for the rise of this monster fish. more than 500 dams and reservoirs have been constructed in thailand in recent decades. people used to catch all sorts of fish from the river nearby. but they say that all changed after the dam was built. >> translator: i'm in trouble. there are no more fish now because the snakehead fish eat them all. there are no local fish left. even if we spend the whole day fishing we can't catch any. >> reporter: local diets are being affected. fish used to be regular for these villagers. >> i want to eat fish like before. these days i can't, even if we have some, i give it to the children. i wish there would be as many fish as before in our waters. >> reporter: an expert says the situation isn't unique to thailand. he says action is needed to catch these aquatic pests. >> translator: i think other countries in the region have the same problem. though it hasn't
behind the dam, the water doesn't flow and it's a closed environment, so the snakeheads eat most of the other fish. >> reporter: observers say dams built irrigate fields or generate electricity are to blame for the rise of this monster fish. more than 500 dams and reservoirs have been constructed in thailand in recent decades. people used to catch all sorts of fish from the river nearby. but they say that all changed after the dam was built. >> translator: i'm in trouble. there are...
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Jan 18, 2013
01/13
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CNBC
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the main thing is capital will flee a hostile environment. if i were a risk taking entrepreneur in california i would be thinking about heading east to texas. >> i feel a bit dumb because i had no idea of the export power of texas. i probably would have picked california. we'll show a table and what this table says is texas 2011 exports, $251 billion in second place california at $159 billion. that is very impressive. hears what i like the most. go to the next table. it is easy. when i first heard it i said it's obvious because california doesn't maximize natural resources because of the green component. has such a large lobby and presence in california. even if you extract all the exports petroleum and coal products that still leaves you around 200 billion. you're still blowing the competition away. >> yep. isn't that nice? we also have great trading partners in mexico and canada and we send a lot of parts to the factories which are tremendous engine of growth for mexico. so our number one trading partner is mexico followed by canada and the
the main thing is capital will flee a hostile environment. if i were a risk taking entrepreneur in california i would be thinking about heading east to texas. >> i feel a bit dumb because i had no idea of the export power of texas. i probably would have picked california. we'll show a table and what this table says is texas 2011 exports, $251 billion in second place california at $159 billion. that is very impressive. hears what i like the most. go to the next table. it is easy. when i...
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Jan 18, 2013
01/13
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KQED
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consumers large and small rely on back up generators, at huge cost to both the environment and economy says energy expert kirit parikh. he traces the problem to policies that never really took into account the cost of power and gave it away to some consumers >> we started out with saying farmers should get cheap and free electricity. this was 30 years ago when we wanted farmers to really adopt more modern technologies, it was considered a good way to promote green revolution. >> reporter: power was distributed cheaply or free to farmers and other groups who's votes politicians courted. little effort was made to meter it. that prompted many people to hook themselves up, illegally. parikh says a third of all power is stolen off the grid. >> of the generated electricity is not charged to anyone. >> reporter: with little new money coming in, public utilities haven't been able to expand capacity or to buy enough fuel like coal or natural gas-- both in short supply anyway. power must be rationed but some regions overdraw their allotment. that can cause the system to shut down, or as it did l
consumers large and small rely on back up generators, at huge cost to both the environment and economy says energy expert kirit parikh. he traces the problem to policies that never really took into account the cost of power and gave it away to some consumers >> we started out with saying farmers should get cheap and free electricity. this was 30 years ago when we wanted farmers to really adopt more modern technologies, it was considered a good way to promote green revolution. >>...
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Jan 17, 2013
01/13
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CNNW
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what creates that environment? >> right, you don't notice when you place yourself in a permissive environment. let's take the case of infidelity. let's say that you believe you would never cheat on your spouse. it's okay to go to the all girls's singles bar because that would never be something thaw would do. but once you arrive in the situation there is all these temptations and maybe you have a drink or two and do something outside of the bounds of what you anticipated. after the fact, your beliefs actually change about what infidelity means and you revise your beliefs so you are more lenient. this is the kind -- >> you talk environment and want to turn to the psychology to my right, dr. paula bloom. it's also a group mentality thing. when i think academics and you are sitting in a class and it's a group cheat. if someone else is doing it, it's okay. >> right. when it comes to academics, it's a few things. i'm not getting an unfair advantage. i'm leveling the playing field. it's justified. what she was saying is
what creates that environment? >> right, you don't notice when you place yourself in a permissive environment. let's take the case of infidelity. let's say that you believe you would never cheat on your spouse. it's okay to go to the all girls's singles bar because that would never be something thaw would do. but once you arrive in the situation there is all these temptations and maybe you have a drink or two and do something outside of the bounds of what you anticipated. after the fact,...
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Jan 18, 2013
01/13
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KPIX
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. >> it's not healthy for a child to be in then environment. >> reporter: tenants at 80 turk street invited me -- at 308 turk street invited me into their studios to see leaking pipes, broken refrigerators, windows and useless fire alarms. many tenants are immigrants who don't speak english. they pay range from $800 to $1,100 for a studio. the landlord also coowns a popular restaurant near union square. today the frustrated tenants protested outside of naan n curry. this person admits there are problems and has started to fix some of them. >> i think $50,000 at once if i have to do like overnight and i just don't have that much cash available to put into the property. >> reporter: the city says building inspectors found more than 200 violations at this apartment complex in the last couple of years. these are some of those violation notices. >> i can't say that in the time that i have been around here that i have seen that many violations. >> reporter: inspectors sent the case to the city attorney for legal action. >> i'm not a bad guy. i'm just -- i'm just a victim of this economy. >> repor
. >> it's not healthy for a child to be in then environment. >> reporter: tenants at 80 turk street invited me -- at 308 turk street invited me into their studios to see leaking pipes, broken refrigerators, windows and useless fire alarms. many tenants are immigrants who don't speak english. they pay range from $800 to $1,100 for a studio. the landlord also coowns a popular restaurant near union square. today the frustrated tenants protested outside of naan n curry. this person...
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Jan 19, 2013
01/13
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is that if we really want to fix public education in this country, then we have to create the right environment for kids. >> baltimore, michelle says, proved to be a life changing experience. she eventually took on the difficult task of becoming the chancellor of the troubled public schools in washington. >> when i was the chancellor in washington d.c., i made the commitment that i was going to run the district as a mom. and as a mom who put her kids in the d.c. public schools. people thought i was crazy to do that, no, if i'm going to run this district i'm going to put my own children in it and it was interesting because it really did impact how and why i made decisions. >> but michelle's efforts to turn d.c. public schools around were met with criticism due to her trying to oust poor teachers. and after resigning from d.c. public schools she embarked on developing students first. >> the idea behind students first is that we have to band millions of people across this country together who understands that the public education system is broke and and they want to be a part of fixing it, know th
is that if we really want to fix public education in this country, then we have to create the right environment for kids. >> baltimore, michelle says, proved to be a life changing experience. she eventually took on the difficult task of becoming the chancellor of the troubled public schools in washington. >> when i was the chancellor in washington d.c., i made the commitment that i was going to run the district as a mom. and as a mom who put her kids in the d.c. public schools....
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Jan 17, 2013
01/13
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what you have is this mutated society trying to repair itself as you try to navigate a complex environment. you don't speak the language and you have cultural deficits. it is almost impossible to develop the contextual understanding that you need. you have to understand if you're trying to impact a society. >> in other news, the militants said they have executed a french hostage captured in 2009. french armed forces tried to rescue him last saturday but failed. they executed him on wednesday evening and they say he was probably killed during the rescue attempt. the country now has a steady government. the united states recognizes them for the first time in 20 years pillar in -- 20 years. lance armstrong has been stripped of his mettle. the committee acted after the governing body found him guilty of systematic doping and stripped them of seven wins. there is speculation as to whether he will lead men to open or apologize. extremists are gaining ground militarily and they're also winning popular support. it has become increasingly powerful. the free syrian army is living in kidnapping. they
what you have is this mutated society trying to repair itself as you try to navigate a complex environment. you don't speak the language and you have cultural deficits. it is almost impossible to develop the contextual understanding that you need. you have to understand if you're trying to impact a society. >> in other news, the militants said they have executed a french hostage captured in 2009. french armed forces tried to rescue him last saturday but failed. they executed him on...
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Jan 21, 2013
01/13
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FOXNEWSW
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steve to you, this is a different environment, a different time, they needed a little bit of money. they opened it to corporate donations. you heard the president going there to say thank you for the money. >> yeah he didn't need to be re-elected this time. they are having a good time tonight. they are joking with each other and the crowd. there were moments joe biden was speaking he had the crowd fired up when he said president obama is just getting started. he repeated himself twice he is just getting started. he laid out policy agenda guns immigration and rebooting the economy and barack obama came on and was in a joef yell mood. >> for all of the talk we had during the campaign ofment o prt obama's ability to raise money it would be a million dollar campaign and the talk mitt romney had more corporate donors it would be a wash in cash. the president had no trouble raising enough money to get himself re-elected it is thanks in part to an incredible network he has built over the years. talk about the importance of money in this election, charles. >> he has never backed for money.
steve to you, this is a different environment, a different time, they needed a little bit of money. they opened it to corporate donations. you heard the president going there to say thank you for the money. >> yeah he didn't need to be re-elected this time. they are having a good time tonight. they are joking with each other and the crowd. there were moments joe biden was speaking he had the crowd fired up when he said president obama is just getting started. he repeated himself twice he...
WHUT (Howard University Television)
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Jan 17, 2013
01/13
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WHUT
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city residents have become increasingly vocal in their anger over the environment. an amateur prospector in the australian state of victoria has honored a gold nugget weighing 5.5 kilograms. it was found by an unidentified person on wednesday using a hand-held metal detector near the town of ballarat, west of melbourne. the value has been estimated at $300,000. the owner of beantown's mining exchange gold shop says a find of this size is unheard of. -- the owner of the town's mining exchange. it looks like a gold filling for a dinosaur. let me give you a reminder of our top stories on gmt. dozens of foreign nationals are being held hostage at a facility in the algerian desert. the oil complex is now surrounded by algerian troops. the man apparently behind the attack is mokhtar belmokhtar. he is said to have issued a statement calling for an end to the french military intervention against islamist rebels in mali. reports say some of the hostages have escaped from the besieged compound, but it is still a very serious standoff in the sahara desert. there's plenty more
city residents have become increasingly vocal in their anger over the environment. an amateur prospector in the australian state of victoria has honored a gold nugget weighing 5.5 kilograms. it was found by an unidentified person on wednesday using a hand-held metal detector near the town of ballarat, west of melbourne. the value has been estimated at $300,000. the owner of beantown's mining exchange gold shop says a find of this size is unheard of. -- the owner of the town's mining exchange....
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Jan 17, 2013
01/13
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WJZ
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consumers large and small rely on back up generators, at huge cost to both the environment and economy says energy expert kirit parikh. he traces the problem to policies that never really took into account the cost of power and gave it away to some consumers >> we started out with saying farmers should get cheap and free electricity. this was 30 years ago when we wanted farmers to really adopt more modern technologies, it was considered a good way to promote green revolution. >> reporter: power was distributed cheaply or free to farmers and other groups who's votes politicians courted. little effort was made to meter it. that prompted many people to hook themselves up, illegally. parikh says a third of all power is stolen off the grid. >> of the generated electricity is not charged to anyone. >> reporter: with little new money coming in, public utilities haven't been able to expand capacity or to buy enough fuel like coal or natural gas-- both in short supply anyway. power must be rationed but some regions overdraw their allotment. that can cause the system to shut down, or as it did l
consumers large and small rely on back up generators, at huge cost to both the environment and economy says energy expert kirit parikh. he traces the problem to policies that never really took into account the cost of power and gave it away to some consumers >> we started out with saying farmers should get cheap and free electricity. this was 30 years ago when we wanted farmers to really adopt more modern technologies, it was considered a good way to promote green revolution. >>...
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Jan 17, 2013
01/13
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FOXNEWSW
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it got me out of that situation and into a stable environment where i can recover and go on with the childhood. >> greta: it's so interesting, the odds were so against you and what you've done with your life is so magnificent, i'm in awe of what you've done. i'm curious, how do you reach down in yourself after suffering 17 days in a dungeon, chained, sexually abused, not knowing if you're going to live or die and celebrating your own birthday there, why were you able to -- what is it about you what prevailed so magnificently? >> i think the abuse that i sustained throughout my entire childhood in a warped way prepared me for the abduction that was coming. it made me stronger. it made me street-wise and it ultimately, it, unfortunately, helped me get through everything. >> greta: karen, you met her mother, who neglected her. what did you think about her? >> yeah, i did. i interviewed marilyn beers her biological mother and i think in some ways, marilyn was, it was-- for motherhood and marilyn didn't physically or sexually abuse her child, a-- she desperately and severely neglected her
it got me out of that situation and into a stable environment where i can recover and go on with the childhood. >> greta: it's so interesting, the odds were so against you and what you've done with your life is so magnificent, i'm in awe of what you've done. i'm curious, how do you reach down in yourself after suffering 17 days in a dungeon, chained, sexually abused, not knowing if you're going to live or die and celebrating your own birthday there, why were you able to -- what is it...
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Jan 17, 2013
01/13
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KQED
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it's not an environment so different that all of these things are going to happen. and an assault weapons ban is sill a heavy lift. remember, the assault weapons ban we had had a lot of loopholes in it. but the other elements, it's just a different world. and i think national rifle association is no longer supreme in the same way and many of their own members i think are going to start to feel differently. when you get a joe manchin of west virginia coming out and saying "i hunt, i don't need more than three bullets in a magazine" and you get other long-standing strong proponents of the second amendment saying it's time for some changes, we're moving into a different world. >> brown: david kopel, do you think the politics have changed here or do you expect -- well, there certainly will be challenges legislatively. will there also be challenges legally? >> there will certainly be legal challenges because one important thing -- the way things have changechanged is we now have the supreme court having affirmed that the second amendment is an individual right and the co
it's not an environment so different that all of these things are going to happen. and an assault weapons ban is sill a heavy lift. remember, the assault weapons ban we had had a lot of loopholes in it. but the other elements, it's just a different world. and i think national rifle association is no longer supreme in the same way and many of their own members i think are going to start to feel differently. when you get a joe manchin of west virginia coming out and saying "i hunt, i don't...
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Jan 18, 2013
01/13
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FOXNEWS
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profits or make one that maybe they think is something more in tune politically whether it's for the environment or for good health, whatever, is that part of conscious capitalism you make a decision not to just go for the dollar? >> actually, conscious capitalism rejects the premise behind that question. >> greta: okay. >> the premise is there's trade-offs and you have to negotiate between the trade-offs, if you're doing something for the environment it must come at the expense of the investors. good conscious leadership is to define win, win, win strategies so all of these stake holders simultaneously winning, that's sometimes not easy requires imagination and creativity. >> greta: taxes and have you thought about our corporate tax rate? >> could have,we have the highest corporate tax rate in the entire world now. japan used to be number one and u.s. number two. they cut their rates and now when you combine state and federal taxes, the highest corporate tax rates in the world. >> greta: how does that affect your business? you're very successful, you're a rich man and how does it affect you and
profits or make one that maybe they think is something more in tune politically whether it's for the environment or for good health, whatever, is that part of conscious capitalism you make a decision not to just go for the dollar? >> actually, conscious capitalism rejects the premise behind that question. >> greta: okay. >> the premise is there's trade-offs and you have to negotiate between the trade-offs, if you're doing something for the environment it must come at the...